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Apple Earnings Miss Forecast For First Time Since 2016 As iPhone Sales Hit By China Supply Chain Snarls | The Street Market News

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Country United States of AmericaUS Virgin IslandsUnited States Minor Outlying IslandsCanadaMexico, United Mexican StatesBahamas, Commonwealth of theCuba, Republic ofDominican RepublicHaiti, Republic ofJamaicaAfghanistanAlbania, People’s Socialist Republic ofAlgeria, People’s Democratic Republic ofAmerican SamoaAndorra, Principality ofAngola, Republic ofAnguillaAntarctica (the territory South of 60 deg S)Antigua and BarbudaArgentina, Argentine RepublicArmeniaarubaAustralia, Commonwealth ofAustria, Republic ofAzerbaijan, Republic ofBahrain, Kingdom ofBangladesh, People’s … Read more

Samsung Galaxy S23 smartphone lineup to take on Apple’s iPhone 14

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Samsung announced its flagship Galaxy S23 smartphone lineup on Wednesday. samsung samsung on Wednesday launched its latest lineup of flagship Galaxy smartphones, touting a better camera and enhanced gaming features as the South Korean tech giant tries to tempt people to upgrade amid weak macroeconomic conditions and waning consumer demand. The Galaxy S23 smartphone lineup … Read more

T-Mobile Delivers Mixed Earnings. The Stock Is Still a ‘Relative Safe Haven.’

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text size For 2023, T-Mobile told investors to expect free cash flow of between $13.1 billion and $13.6 billion. Photograph by Andrew Burton/Getty Images T-Mobile US delivered fourth-quarter financial results Wednesday that were generally ahead of expectations. Benefits from the 2020 purchase of Sprint continue to separate the company from its peers. T-Mobile ‘s guidance … Read more

T-Mobile Delivers Mixed Earnings. The Stock Is Still a ‘Relative Safe Haven.’

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text size For 2023, T-Mobile told investors to expect free cash flow of between $13.1 billion and $13.6 billion. Photograph by Andrew Burton/Getty Images T-Mobile US delivered fourth-quarter financial results Wednesday that were generally ahead of expectations. Benefits from the 2020 purchase of Sprint continue to separate the company from its peers. T-Mobile ‘s guidance … Read more

Cramer’s 10 things to watch in the market Tuesday : Dow, iPhones, JNJ

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My top 10 things to watch Tuesday, Jan. 31 1. Will the outperformance of speculative stocks continue? The market’s worst performers of 2022 —including crypto, SPACs and cloud software stocks — are some of the biggest winners in this year’s rally. Stay away. As I wrote Sunday , I see this as a moment to … Read more

TikTok in Europe’s crosshairs as US mulls ban on Chinese-owned app

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TikTok holds its End Of Year Event 2022 in Milan, Italy, on Dec. 13. Claudio Lavenia | Getty Images Entertainment | Getty Images TikTok is beginning to feel the sting of political and regulatory pressure in Europe, where the Chinese-owned app has largely evaded the scrutiny it’s faced in the US EU Commissioner of the … Read more

Apple and Amazon Earnings, a Fed Decision, Jobs Data, and More to Watch This Week

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It will be another major week of fourth-quarter earnings, with about 100 <span class=”quote-pick” data-track-hover=”QuotePeek” data-significance=”PROMINENT” data-ticker=”” data-charting-symbol=”INDEX/US/S&P US/SPX”> S&P 500</span> companies scheduled to report. There will also be a highly anticipated Federal Reserve interest-rate decision on Wednesday and the latest job-market data on Thursday and Friday. Wednesday will bring results from Meta Platforms , … Read more

Monday’s biggest Wall Street calls include Tesla, Apple, Netflix

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Here are the biggest calls on Wall Street on Monday: Credit Suisse reiterates Apple as outperform Credit Suisse said it sees upside to estimates heading into Apple earnings later this week. “Our estimates could prove conservative given: weakening of the US dollar throughout the quarter which benefits revenue from a translation perspective and could benefit … Read more

Top Wall Street calls on Friday include Intel & Apple

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Here are the biggest calls on Wall Street on Friday: Bank of America reiterates Apple as neutral Bank of America says Apple’s could be “challenged” when it reports earnings next week. “We view 1H2023 as challenged given a somewhat weaker iPhone cycle (both supply and demand issues) and 2H will depend on the next iPhone … Read more

SAP Plans to Cut Jobs and Sell Qualtrics Stake as It Shifts to the Cloud

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text size SAP posted cloud revenue of €3.39 billion ($3.70 billion, up 30%. Daniel Roland/AFP via Getty Images SAP reported softer-than-expected fourth-quarter results, as the German enterprise software giant continued the continuing shift of its software business to the cloud amid an ongoing period of macroeconomic weakness. SAP also announced plans to reduce its staff … Read more